Bereits vor der Earnings Conference hat AMD die Zahlen zum 1. Quartal 2003 veröffentlicht. Bei einem Umsatz von 715 Millionen Dollar ergab sich ein Verlust von 144 Millionen Dollar bzw. 42 Cent pro Aktie, von Analysten war allgemein ein Verlust von 49 Cent pro Aktie, sowie ein Umsatz von 678,8 Millionen Dollar erwartet worden.
"SUNNYVALE, CA -- April 16, 2003 --AMD (NYSE:AMD) today reported sales of $715 million and a net loss of $146 million for the quarter ended March 30, 2003. The net loss amounted to $0.42 per share.
First quarter sales declined by 21 percent from the first quarter of 2002 and increased by four percent from the fourth quarter of 2002. In the first quarter of 2002, AMD reported total sales of $902 million and a net loss of $9 million, or $0.03 per share. In the fourth quarter of 2002, AMD reported sales of $686 million and a net loss of $855 million, or $2.49 per share. Excluding the effects of restructuring and other charges1 to show the company’s results from ongoing operations, the fourth quarter net loss was $235 million, or $0.68 per share.
“In a tough market environment and in a quarter that is typically seasonally down, we grew our revenue by four percent from the fourth quarter of 2002,” said Robert J. Rivet, chief financial officer. “We believe we gained market share in both our PC processor and Flash memory product lines. And we made significant operating improvements that better position us for a return to profitability.
“Our enhanced AMD Athlon™ processor portfolio, along with increased customer demand, led to a sequential increase of 11 percent in PC processor sales. And despite a seasonal weakening of the global market for flash memory solutions, the first quarter was our fourth consecutive quarter of revenue growth and record bit shipments.
“As projected, we reduced our operating expenses significantly compared to the fourth quarter of 2002. As a result of our improved cost structure, along with the increase in sales, EBITDA was a positive $84 million1 and our operating loss improved by more than $90 million1 in the first quarter as compared with our pro forma results of the fourth quarter 2002.” "
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